Freddie Mac

Freddie Mac
Common term for the Federal Home Loan and Mortgage Corporation. Freddie Mac was created in 1970 as a publicly traded corporation to compete with Fannie Mae. These entities buy mortgage loans from originators and then securitize (securitization) them to sell to investors as mortgage-backed securities (MBSs). They also earn profits for their shareholders by purchasing MBSs issued by other institutions.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Freddie Mac — Тип Публичная компания Листинг на бирже NYSE …   Википедия

  • Freddie Mac — Rechtsform GSE ISIN US3134003017 Gründung 1970 …   Deutsch Wikipedia

  • Freddie Mac — by 1992, vaguely from Federal Home Loan Mortgage Corporation …   Etymology dictionary

  • Freddie Mac — (Federal Home Loan Mortgage Corporation) U.S. Government chartered corporation that purchases mortgages from lenders and reoffers them to investors as mortgage backed securities (Finance) …   English contemporary dictionary

  • Freddie Mac — [fred΄ē mak′] n. 1. informal name for Federal Home Loan Mortgage Corporation: a corporation sponsored by the federal government which issues securities backed by pools of residential mortgages purchased from lending institutions 2. any of the… …   English World dictionary

  • Freddie Mac — Infobox Company company name = Federal Home Loan Mortgage Corporation (Freddie Mac) company company type = Public (nyse|FRE) company slogan = We Make Home Possible foundation = 1970 location = McLean, Virginia key people = David M. Moffett (CEO)… …   Wikipedia

  • Freddie Mac — Federal Home Loan Mortgage Corporation Logo de Federal Home Loan Mortgage Corporation Création 1970 …   Wikipédia en Français

  • Freddie Mac — 1. See Federal Home Loan Mortgage Corporation. 2. a publicly traded security that represents participation in a pool of mortgages guaranteed by the Federal Home Loan Mortgage Corporation. Cf. Fannie Mae, Ginnie Mae. [1970 75; from the initials… …   Universalium

  • Freddie Mac — An informal name for the Federal Home Loan Mortgage Corporation ( FHLMC) or for securities issued by it. American Banker Glossary ( Federal Home Loan Mortgage Corporation) A Congressionally chartered corporation that purchases residential… …   Financial and business terms

  • Freddie Mac — Federal Home Loan Mortgage Corporation (Freddie Mac) Lema We Make Home Possible Tipo Pública (NYSE: FRE) Fundación 1970 …   Wikipedia Español

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